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I prefer zip wallets. Keeps things safely inside. But I don't like the long, continental zips, too big. I have a French zip around Tory Burch that I've had forever and love it! I can carry it in any bag, from work bag to evening bag. It's perfect!Small zip around (LV Zippy Coin Purse) - not too bulky unless you put a lot of coins in it, if I have more than a few I usually use a separately coin pouch.
I prefer zip ones because I feel that the contents are more secure.
I used to have only flap wallets, which are a bit bulky and heavy to carry - then I got my Lumi Sylvi Trifold which I love! It's really slim and thin and still holds well over 20 cards, migraine meds, bills and a heap of coins, everything I need. The leather is light but durable plus Sylvi is really pretty to look at. Another favorite is a small-ish Lauren Ralph Lauren Tate Tech wallet which I used when I don't need to carry a lot of cash (as the coin compartment is a pain in the neck.
I do have an A.Eriksson zippy card wallet and a Liebeskind mini wallet which I take with me whenever I carry a clutch or need to downsize really radically.